PRESIDENTS

Hello guys, today I want to talk to you about presidents in Cashtowns!!

If you want to become a president for Europe, North America and some Asian countries, there are 3 conditions to be met:

- Live in that country in the real world
- Pay the annual maintaining tax (between 100-4500 euros)
- Pay the montly tax (1 gold / verified user)

For Africa and rest of the world :
- Pay the annual maintaining tax (100 euros)
- Pay the montly tax (1 gold / verified user)

Annual maintaining taxes are paid in cash. Montly taxes are paid in gold to game fund. After becoming a final president, you get access to state budget (you can deposit / withdraw money, set taxes and so on).

Actual presidents are interim presidents. Their mandate will expire on 1 february. They are able to start war but they are not able to set taxes / bonuses and withdraw gold from state budget.
let's take a look at the prices for each country...
Europe :
Romania: 4500 euro / year (rented)
Italy : 1700 euro / year (rented)
Portugal, Spain (rented) , U.K. : 1200 euro /year
Germany, Greece, Bulgaria, Ungaria, Russia, Ucraina : 600 euro / year
The rest : 300 euro / year

In North America :
USA : 3000 euro / year
Canada : 1200 euro /year
Brazil, Argentina : 600 euro /year
The rest : 120 euro / year

Asia:
Malaesya, Indonesia, Philipine, India, China : 600 euro / Year
The rest : 120 euro / Year
Australia : 600 euro / year
Any Island : 120 euro / year
How a president can earn money???
A president gets access to the state budget that brings together taxes and bonuses. So a president will receive: - 10% of ALL productions,
- 15% from all loads of the accounts in his country
- 10% of all withdrawals goes to the state budget
- 5% Tax on dividents
- 10% tax from share game selling
- 0.25 gold for each worker/ specialist/soldier sold/bought form market
- 25 gold for bombs/special troops/cannon
you can change all resources in the budget to gold and get the gold in your pocket. You do not pay taxes for withrawals from the budget.
Also you can change the taxation level.

So as country president u get 15% of all loads in that country plus a whole lot of resources that can be sold for gold!
After the launch most european countries will have over 1000 accounts from anno banner, ads by admin, ads by other players, etc so there will be a huge amount of resources to sell.

Let's make an example: - you pay 600 euros for Greece so u must take at least 600 euros back! this means that you need, in order to withdraw it, 600*21gold = 12600 gold from your country budget! Considering only loads, those 12600 gold are the 10% of loads so you need that your citizens load 126k gold in 1 year; in euros they are: 126k gold / 9 = 14k euro in 1 year or 1166 euro per month. This is not your only means of income, don’t forget the taxes!!!